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bauma CONEXPO INDIA 2018

The construction equipment expo - held in December 2018 in Delhi - scaled new heights even while participants expressed their apprehensions on the market scenario in 2019 owing to the upcoming elections.

Italian CE market grows in first quarter

Over the first three months of 2018, 2,713 machines have been sold in the Italian market, recording a growth of 30 per cent compared to the same period last year. The number of earthmoving machines sold stood 2,623, while road equipment 93.

We see Indian CE industry as an opportunity for us to grow

The current equipment industry scenario is a positive eco-system for construction equipment industry and commercial vehicles. Policy initiatives by the present government such as Make in India, Smart City Mission and Sagar Mala Project have given a boost to the manufacturing and infrastructure industry in India.

Italian CE market grows

Over the first six months of 2017, as many as 5,109 machines have been sold in the Italian market, up by 6 per cent compared to last year. The sector of earth moving machines grew by six per cent with 4,910 machines sold, while road equipment increases by nine per cent (199 machines sold).

US CE exports still down at midyear

Exports of the US-made construction equipment (CE) were down 24 per cent overall at midyear 2016 compared to the first half of 2015 with a total $5.65 billion shipped to global markets.

US CE exports drop in 2014

According to American Equipment Distributors Association, citing US Department of Commerce data, exports of the US made construction equipment ended 2014 with a 13.2 per cent drop compared to 2013, with a total $17.26 billion shipped to global markets.

For India, the risks and rewards are great

Looking at the infrastructure industry, a main driver behind construction equipment, India is ranked 7th in terms of risk vs reward, says Benjamin Duyck, Market Intelligence Analyst, Association of Equipment Manufacturers (AEM).

Tata Motors ups share in construction, mining

Tata Motors expects a modest growth in the construction and mining sectors in the fourth quarter of this fiscal, or early next fiscal. Addressing reporters at Excon 2013, CII?s construction equipment expo, Vinod Sahay, who heads sales and marketing of medium and heavy commercial vehicles at the company, said that currently the industry is in a slowdown phase

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